Deribit Sees $20B in Bitcoin, Ether Options as Crypto Derivatives Market Booms
- The combined notional open interest in bitcoin and ether options listed on Deribit has topped $20 billion.
- Escalating interest in options points to market sophistication.
- Later Friday, Deribit will settle monthly bitcoin and ether options worth several billion dollars.
- The crypto options market is booming.
- Deribit controls 90% of the global crypto options activity.